Health Insurance Florida 2-40 Practice Exam Questions 1 2 Exam (elaborations) FLORIDA INSURANCE EXAM 3 Exam (elaborations) FLORIDA INSURANCE EXAM REVIEW 4 Exam (elaborations) Florida State Health Insurance Test 5 Exam (elaborations) HEALTH INSURANCE FLORIDA 2-40 PRACTICE EXAM QUESTIONS #2 6 Ex...
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Which of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Information...
Vista previa 2 fuera de 11 páginas
Añadir al carritoWhich of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Information...
The clause identifying which losses resulting from an accident or sickness are insured by the policy is called the: - Answer-Insuring clause K applies for a life insurance policy on herself and submits the initial premium with the application. She is given a receipt by the agent stating that cove...
Vista previa 2 fuera de 12 páginas
Añadir al carritoThe clause identifying which losses resulting from an accident or sickness are insured by the policy is called the: - Answer-Insuring clause K applies for a life insurance policy on herself and submits the initial premium with the application. She is given a receipt by the agent stating that cove...
What is one condition to re-instate a lapsed life insurance policy? - Answer-The policy has been expired no more than 3 years What are three common classifications underwriters use for risk? - Answer-Standard, substandard, and preferred What is intended to be covered by health insurance? - Ans...
Vista previa 2 fuera de 11 páginas
Añadir al carritoWhat is one condition to re-instate a lapsed life insurance policy? - Answer-The policy has been expired no more than 3 years What are three common classifications underwriters use for risk? - Answer-Standard, substandard, and preferred What is intended to be covered by health insurance? - Ans...
Vista previa 2 fuera de 14 páginas
Añadir al carritoFlorida State Health Insurance Test
Which of the following is NOT a form of medical insurance? -Business overhead expense -Surgical expense -Hospital expense -Long term care - Answer-Business overhead expense (Explanation:Business Overhead Expense insurance is designed to reimburse a business for overhead expenses in the event a b...
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Añadir al carritoWhich of the following is NOT a form of medical insurance? -Business overhead expense -Surgical expense -Hospital expense -Long term care - Answer-Business overhead expense (Explanation:Business Overhead Expense insurance is designed to reimburse a business for overhead expenses in the event a b...
Within how many days must a licensee notify the Department of Financial Services of a change in address? - Answer-30 All of the following entries are classified under the four principal areas of Florida insurance law EXCEPT... - Answer-An agent's commission Which of the following factors is N...
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Añadir al carritoWithin how many days must a licensee notify the Department of Financial Services of a change in address? - Answer-30 All of the following entries are classified under the four principal areas of Florida insurance law EXCEPT... - Answer-An agent's commission Which of the following factors is N...
Customer representative - answer-appointed by a general lone agent or agency to assist in transacting the business of insurance General lines agent - answer-a persons transacting one or more of insurance Property & casualty - answer-includes commercial liability, a underwritten by a risk reten...
Vista previa 4 fuera de 40 páginas
Añadir al carritoCustomer representative - answer-appointed by a general lone agent or agency to assist in transacting the business of insurance General lines agent - answer-a persons transacting one or more of insurance Property & casualty - answer-includes commercial liability, a underwritten by a risk reten...
the contract Utmost good faith - Answer-Each party is entitled to rely on the representation of the other, and each party should have a reasonable expectation that the other is acting in good faith without attempts to conceal or deceive. Aleatory Contract - Answer-A contract under which one pa...
Vista previa 2 fuera de 14 páginas
Añadir al carritothe contract Utmost good faith - Answer-Each party is entitled to rely on the representation of the other, and each party should have a reasonable expectation that the other is acting in good faith without attempts to conceal or deceive. Aleatory Contract - Answer-A contract under which one pa...
Insured - Answer-The person covered by the insurance policy. Rider - Answer-A written modification attached to a policy that increases or decreases coverage and/or premiums. What is a unilateral contract? - Answer-A contract in which only one of the parties is legally bound to fulfill its obli...
Vista previa 3 fuera de 16 páginas
Añadir al carritoInsured - Answer-The person covered by the insurance policy. Rider - Answer-A written modification attached to a policy that increases or decreases coverage and/or premiums. What is a unilateral contract? - Answer-A contract in which only one of the parties is legally bound to fulfill its obli...
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